BUSINESS

FG takes anti-corruption war to MNCs, as it loses N1trn to tax evasion

The Federal Government of Nigeria in its determination to curb corruption in the country, has taken its anti-corruption battle to multinational corporations/companies operating within the country. The minister of information and culture, Alhaji Lai Mohammed disclosed this when he addressed ...

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BREAKING: Emirates Airline Passenger Jet crash lands, sets Dubai International Airport on fire

A passenger jet belonging to Emirates airline is on fire at Dubai Airport after it crash landed this morning, causing all flights to the Dubai terminal to be diverted while emergency crews work at the scene. Thick black smoke could be ...

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Buhari appoints new Post-Master General and CEO of NIPOST

President Muhammdu Buhari on Tuesday approved/named Bisi Adegbuyi, a lawyer and politician from Ogun State, as the new Post-Master General of Nigeria Postal Services, NIPOST. Bolaji Adebiyi, spokesman for the office of the Secretary to the Government of the Federation, ...

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Nigeria was in recession under Jonathan, we covered it up

Minister of transportation, Rotimi Amaechi, in an interview on The Osasu Show, said that Nigeria was in recession under former President Goodluck Jonathan but that the government only covered it up by saying it was cash-strapped. Mr. Amaechi, who was ...

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Dangote Refinery will resolve fuel supply issues in W/Africa – Ambode

Lagos State Governor, Akinwunmi Ambode, on Tuesday, said the Dangote Refinery being developed at the Lekki Free Trade Zone (LFTZ) by Africa’s richest man and business mogul, Alhaji Aliko Dangote, will surely resolve fuel supply challenge in the West African ...

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Customs Impounds N256m Worth Foreign Poultry

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’, Owerri has continued to effectively checkmate the excesses of smugglers of contraband goods in the country following the latest seizure of a total of 24,273 cartons of imported frozen ...

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BOMBSHELL: FG bans conference bags, T-shirts, souvenirs, at workshops

The Federal Government has banned the procurement and distribution of conference bags, T-shirts and other souvenirs at events such as Conferences and Seminars funded by Federal Ministries, Departments and Agencies (MDAs). This is contained in a statement made available to ...

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Buhari’s Govt Got N2.2tr from Federation Account in One Year

Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and seventy-three million, five hundred and seventy-three thousand, five hundred and ...

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Eulogies for Outgoing GMD/CEO at Book Launch in his Honour in Lagos

It was rain of accolades for the outgoing Group Managing Director/CEO of United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza in Lagos on Wednesday as captains of industry and leading voices of Nigerian society witnessed the launch of a ...

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Udoma meets China Exim Bank over project funding

NIGERIA – Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has initiated what is considered a go-through discussions with the management of the Chinese EXIM Bank in Beijing, China, over funding of some projects. This is as contained ...

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